- The report contains detailed information about Miller Petroleum Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
- Another part of the report is a SWOT-analysis carried out for Miller Petroleum Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
- The Miller Petroleum Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
- In the part that describes Miller Petroleum Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
- Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Miller Petroleum Inc. business.
About Miller Petroleum Inc.
Miller Petroleum, Inc. engages in the oil and gas exploration, production, and related property management in the Cook Inlet region of Alaska and the Appalachian region of eastern Tennessee. The company also provides land drilling services on a contract basis to customers primarily engaged in natural gas exploration and production.
Exploration and Production Activities
As of April 30, 2010, the company had approximately 662,992 acres of gross oil and gas leases and exploration license rights (616,550 net acres), which includes 471,474 acres under the Susitna Basin Exploration License.
Cook Inlet Basin
The company owns approximately 131,190 gross acres of leasehold interests, the exploration license rights to an additional 471,474 acres and 10 crude oil and 5 natural gas wells in which it owns an interest. The Cook Inlet Basin contains oil and gas deposits, including various offshore fields. There are also various oil and gas pipelines running around and under the Cook Inlet.
As of June 30, 2010, four of the oil wells had been returned to production. In addition, Cook Inlet Energy owns a 30% working interest in 2 gas wells operated by Aurora Gas, Three Mile Creek 1 and Three Mile Creek 2, which have been operated continuously.
In January 2010 the company entered into a master services agreement with Fairweather E&P Services, Inc., which provides a range of support services for the oil and gas industries, whereby it acts as an independent contractor for it in the development and/or refurbishment of the wells in Cook Inlet Basin.
Susitna Basin Exploration License
Included in the Alaskan assets the company acquired is a 100% interest in an Exploration License granted by the State of Alaska covering approximately 471,474 acres in the Susitna basin area north of Anchorage, Alaska.
The company owns approximately 54,506 gross acres of leasehold interests with 185 producing oil wells and 334 producing gas wells in which it owns an interest. Wells drilled in this area range from 1,800 to 4,200 feet in depth and the well spacing is generally from 20 to 40 acres per well and are predominately in Fort Payne formation.
The company sells oil and natural gas to various purchasers, including Sunoco, Tesoro Corporation, Atlas Energy Resources, LLC, Tri-Global Holdings, LLC, Montello Resources, LLC, Barrett Oil Purchasing, Atlas America, LLC, Cumberland Valley Resources, Vinland Energy, Delta Producers Inc., and Herman Gettelfinger.
Crude oil is shipped by pipeline and tanker vessel to the Tesoro Nikiski refinery, operated by Tesoro Alaska Petroleum Company. The main export pipeline is operated by the Cook Inlet Pipeline Company, which is operated by Chevron Pipelines and tanker vessels operate under contract to Tesoro.
In Alaska, the company competes with Aurora Gas, Bucaneer Alaska, Chevron, ConocoPhillips, Escopeta Oil, XTO, Linc Energy, and Marathon. In the Appalachian region, it competes with Atlas Energy Resources, LLC, Consol Energy, Inc., Can Argo Energy Corporation, Champ Oil, John Henry Oil, and Tengasco.
Miller Petroleum, Inc. was founded in 1967.
The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.
1. MILLER PETROLEUM INC. COMPANY PROFILE
1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History
2. MILLER PETROLEUM INC. BUSINESS OVERVIEW
2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units
3. MILLER PETROLEUM INC. SWOT ANALYSIS
4. MILLER PETROLEUM INC. FINANCIAL ANALYSIS
4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot
5. MILLER PETROLEUM INC. COMPETITORS AND INDUSTRY ANALYSIS
5.1. Miller Petroleum Inc. Direct Competitors
5.2. Comparison of Miller Petroleum Inc. and Direct Competitors Financial Ratios
5.3. Comparison of Miller Petroleum Inc. and Direct Competitors Stock Charts
5.4. Miller Petroleum Inc. Industry Analysis
5.4.1. Energy Industry Snapshot
5.4.2. Miller Petroleum Inc. Industry Position Analysis
6. MILLER PETROLEUM INC. NEWS & EVENTS
6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events
7. MILLER PETROLEUM INC. EXPERTS REVIEW1
7.1. Experts Opinion
7.2. Experts Estimates
8. MILLER PETROLEUM INC. ENHANCED SWOT ANALYSIS2
9. UNITED STATES PESTEL ANALYSIS2
9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors
10. MILLER PETROLEUM INC. IFE, EFE, IE MATRICES2
10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix
11. MILLER PETROLEUM INC. PORTER FIVE FORCES ANALYSIS2
12. MILLER PETROLEUM INC. VRIO ANALYSIS2
APPENDIX: RATIO DEFINITIONS
LIST OF TABLES
Miller Petroleum Inc. Key Facts
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
Miller Petroleum Inc. Key Executives
Key Executives Biographies1
Key Executives Compensations1
Miller Petroleum Inc. Major Shareholders
Miller Petroleum Inc. History
Miller Petroleum Inc. Products
Revenues by Segment
Revenues by Region
Miller Petroleum Inc. Offices and Representations
Miller Petroleum Inc. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
Miller Petroleum Inc. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
Miller Petroleum Inc. Capital Market Snapshot
Miller Petroleum Inc. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Energy Industry Statistics
Miller Petroleum Inc. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
Miller Petroleum Inc. Consensus Recommendations1
Analyst Recommendation Summary1
Price Target Summary1
Experts Recommendation Trends1
Revenue Estimates Analysis1
Earnings Estimates Analysis1
Revenue Estimates Trend1
Earnings Estimates Trend1
LIST OF FIGURES
Miller Petroleum Inc. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
Miller Petroleum Inc. 1-year Stock Charts
Miller Petroleum Inc. 5-year Stock Charts
Miller Petroleum Inc. vs. Main Indexes 1-year Stock Chart
Miller Petroleum Inc. vs. Direct Competitors 1-year Stock Charts
Miller Petroleum Inc. Article Density Chart
1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.
SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.
Enhanced SWOT Analysis
Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:
- How to use the strengths to take advantage of the opportunities?
- How to use the strengths to reduce likelihood and impact of the threats?
- How to overcome the weaknesses that obstruct taking advantage of the opportunities?
- How to overcome the weaknesses that can make the threats a reality?
Upon answering these questions a company can develop a project plan to improve its business performance.
PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.
Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.
Key Factors Examined by PESTEL Analysis:
- Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
- Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
- Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
- Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
- Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
- Legal – What laws and legislation will exert influence on the style the business is carried out?
IFE, EFE, IE Matrices
The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.
The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.
The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.
Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.
Porter Five Forces Analysis
The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:
- What composes a threat of substitute products and services?
- Is there a threat of new competitors entering the market?
- What is the intensity of competitive rivalry?
- How big is the bargaining power of buyers?
- How significant is the bargaining power of suppliers?
VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:
- Tangible resources
- Intangible resources
- Innovation and Creativity
- Organizational capabilities
The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:
- Costly to imitate?
- Organized properly?